Defined Benefit (Pension) · DOL Form 5500 · 2024

Lyondell Chemical Company Pension Plan

Data updated 2026-08-06

$935M
Total assets: 8,606
Participants: 98th
Percentile by assets: $108,604
Avg per participant

Official DOL plan name: Lyondellbasell Pension Plan · Sponsored by Lyondell Chemical Company · Texas · Manufacturing

$935M in assets, 8,606 participants

Lyondell Chemical Company's Lyondellbasell Pension Plan reported $935M in total assets and 8,606 participants in its 2024 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

98th percentile by assets (of 116,472 plans)

Coverage in Texas

Lyondellbasell Pension Plan covers 8,606 participants in Texas, 12x the typical Texas plan (state average ~704 per filing). Assets: $935M.

$935M
total plan assets (2024 EOY): 8,606
covered participants: 98th
percentile by assets (of 116,472 plans): $108,604
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lyondellbasell Pension Plan reported net income fell from $27M in the plan year 2023 filing to -$40M in the plan year 2024 filing.
Lyondellbasell Pension Plan reported participants rose from 8,160 in the plan year 2023 filing to 8,606 in the plan year 2024 filing.
Lyondellbasell Pension Plan end-of-year assets fell from $975M in the plan year 2023 filing to $935M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Manufacturing

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Lyondellbasell Pension Plan reports 8,606 participants - 12x that state average ($935M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$975M
Net Assets (End of Year)	$934M
Net Income	-$40M
Employer EIN	954160558
Plan Effective Date	1987-04-29
Filing Status	FILING RECEIVED

Sponsor Plan History (Lyondell Chemical Company)

Total plan assets by year, all Lyondell Chemical Company plans on file

Year	Plans	Participants	Total Assets
2022	2	15,729	$3.0B
2023	2	15,875	$3.4B
2024	2	16,665	$3.6B

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Lyondellbasell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

AT&T Pension Benefit Plan $28.3B · 100,400
Exxonmobil Pension Plan $12.1B · 22,000
Chevron Retirement Plan $9.7B · 21,297
Shell Pension Plan $9.7B · 12,688
Caterpillar Inc. Retirement Income Plan $9.2B · 11,498

Compare Lyondellbasell Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Lyondellbasell Pension Plan by total assets, not by location.

Meba Pension Trust-Defined Benefit Plan (MD) $928M · 2,257
Southern California United Food and Commercial Workers Unions and Drug Employers Pension Fund (CA) $928M · 10,539
Retirement Plan of Tennessee Farmers Mutual Insura (TN) $944M · 832
Westinghouse Electric Company Pension Plan (PA) $924M · 2,390

Frequently Asked Questions

How did Lyondellbasell Pension Plan assets move in 2024? ▼

Lyondellbasell Pension Plan edged down modestly - down 4.1% during 2024, from $975M to $935M. Reported net income was -$40M.

How have Lyondell Chemical Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lyondell Chemical Company's sponsor-wide assets grew 22.1%, from $3.0B to $3.6B.

Where does Lyondellbasell Pension Plan rank by assets among Form 5500 filers? ▼

Lyondellbasell Pension Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Lyondellbasell Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Meba Pension Trust-Defined Benefit Plan in MD ($928M, 2,257 participants).

Next read for Lyondellbasell Pension Plan

Filing takeaways

Ways to act on Lyondellbasell Pension Plan's numbers.

By total assets, Lyondellbasell Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
Lyondell Chemical Company's sponsor-wide assets have grown 22.1% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 954160558.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.